Why Affordable Luxury Companies' Rich Gains May Last

Affordable luxury goods makers are enjoying strong sales and stock gains, as the slow economic recovery gives consumers more money to spend but not enough to splurge like millionaires. Handbag maker Coach (COH) and jewelry seller Tiffany (TIF) have long been known for their affordable luxury wares, selling on-trend products that offer the cachet of an upper-scale name, but without the hefty price ...

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